Sec. 124B-140. Court order with respect to innocent owner.
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/il/chapter-725/act-5/124b-140A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 124B-140. Court order with respect to innocent owner. If the court determines, in accordance with Sections 124B-125 through 124B-135, that an innocent owner has a partial interest in property otherwise subject to forfeiture, or a joint tenancy or tenancy by the entirety in that property, the court may enter an appropriate order doing any of the following:
(1)Severing and releasing the property.
(2)Transferring the property to the State with a provision that the State compensate
the innocent owner to the extent of his or her ownership interest once a final order of forfeiture has been entered and the property has been reduced to liquid assets.
(3)Permitting the innocent owner to retain the property subject to a lien in favor of
the State to the extent of the forfeitable interest in the property.